Wavertree Christian Community Centre Accounts 31 March 2021 Charity Number 1172484
| Page | ||
|---|---|---|
| Trustees Report | ||
| Statement of Financial | Activities | |
| Income & Expenditure | Account | |
| Balance Sheet | ||
| Notes to the accounts |
| Reference and Administrative | Reference and Administrative | Reference and Administrative | Reference and Administrative | Information | |||||
|---|---|---|---|---|---|---|---|---|---|
| Charity Name: | Waverlree | Christian | Community | Centre | |||||
| Charity registration |
number: | 1172484 | |||||||
| Company registration |
number: | N/A | |||||||
| Registered Office: |
N/A | ||||||||
| Operational address: |
Earlsfieid | Road, Liverpool, L15 | 5BZ | ||||||
| Trustees | |||||||||
| Dr D Edwards | |||||||||
| Mr A Fairbrother | |||||||||
| Mr K Harris | |||||||||
| Mr W Haymes | |||||||||
| Mr D Stephenson | |||||||||
| Accountants | |||||||||
| Sinclair Accounting | Co | Ltd, 300St | Mary's Road, | Garston, | Lwerpool, L19ONQ | ||||
| Bankers | |||||||||
| Lloyds Bank, Liverpool | Law Courts, | L2 1TS |
| Total receipts on unrestricted | funds were 524,590and the resulting deficit for the year |
funds were 524,590and the resulting deficit for the year |
funds were 524,590and the resulting deficit for the year |
funds were 524,590and the resulting deficit for the year |
totalled 515,348. | totalled 515,348. | |||
|---|---|---|---|---|---|---|---|---|---|
| Principal Funding Sources |
|||||||||
| The principal funding sources |
for the charity are currently by way ofgrants, donations |
and gias from members | ofthe church | ||||||
| and local community. | |||||||||
| Investment Policy |
|||||||||
| Aside from retaining a prudent |
amount in reserves each year, |
any monies not |
immediately required |
may be invested at the | |||||
| discretion ofthe Trustees. |
|||||||||
| Reserves Policy | |||||||||
| Our policy is to maintain a balance in unrestricted funds to provide for at least three to (circa 524,000), for unexpected expenses, and to allow for a managed and responsible |
six months unrestricted payments closure ofthe trust ifrequired. |
||||||||
| Plans for Future Periods | |||||||||
| We will: | |||||||||
| -continue to support deacons | in takeing responsibility for monitoring and maintaining |
the fabric ofchurch environs. | |||||||
| -make improvements to our facilities to better meet the needs |
ofthe community | and | external requirements, |
where | |||||
| appropriate. | |||||||||
| -engage members ofthe fellowship to assist with maintenance |
during workdays | ||||||||
| -consider the role oftrustees | and how they support the work ofthe charity | ||||||||
| -consider further support for administration ofthe trust |
|||||||||
| -continue to encourage and support outreach by membership |
ofthe fellowship | overseas. | |||||||
| -continue with outreach in the |
area through dedicated services |
like the carol concert, | 'Messy Church', Easter | services etc. |
| Notes | Unrestricted | Funds | Restricted | Restricted | Funds | Total | |||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | 2021 | |||||
| INCOME | |||||||||
| Voluntary income |
21,490 | 26,018 | 21,490 | ||||||
| Investment income |
100 | 133 | 100 | ||||||
| Other incoming | resources | 3,000 | 3,000 | 146,633 | 179,497 | 149,633 | |||
| Total Incoming | Resources | 24,590 | 29,151 | 146633 | 179,497 | 171223 | |||
| EXPENOITURE | (25,521) | (28,633) | (161,050) | (161,050) | (186,571) | ||||
| Total Outgoing | Resources | 5 | 25 521 | 28 633 | 161050 | ||||
| Net Incoming (Outgoing) |
resources for the | ||||||||
| year | (931) | 518 | (14,417) | 18,447 | (15,348) | ||||
| Balance brought | fonvard | 99,289 | 98,771 | 40,709 | 22,262 | 139,998 | |||
| Total Funds Carried Fonvard | 98358 | 99289 | 26 292 | - | 40,709 | 124,650 |
| Income | 2021f | 2020f | |||
|---|---|---|---|---|---|
| Donations, gifts and fundraising |
21,490 | 26,018 | |||
| Bank interest received | 100 | 133 | |||
| Nursery Income |
149,633 | 182,497 | |||
| 171,223 | 208,648 | ||||
| Expenses | |||||
| Purchases | 7,701 | 11,510 | |||
| Wages, salaries and other staff costs | 144,047 | 144,741 | |||
| Car, van and travel expenses | 1,020 | ||||
| Rent, rates, power and insurance | costs | 10,552 | 12,823 | ||
| Repairs and renewals of property |
and equipment | 13,319 | 7,219 | ||
| Telephone, fax, stationery and other office |
costs | 1,447 | 1,647 | ||
| Advertising and business entertainment |
costs | 143 | 616 | ||
| Bank, credit card and other finance charges | 81 | 133 | |||
| Accountancy, legal and other professional |
fees | 2,605 | 3,380 | ||
| Depreciation and loss/(profit) on |
sale | 462 | 203 | ||
| Other expenses inc Donations |
6,214 | 6,391 | |||
| 186,571 | 189,683 | ||||
| Surplus/(deficit) | ~13,343 | 18,965 |
| Notes | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|
| 6 | E | ||||||
| Fixed assets | |||||||
| Property, equipment |
8 machinery | 31,855 | 31,226 | ||||
| Current assets | |||||||
| Income tax recoverable | 22,230 | 17,993 | |||||
| Sundry debtors | 270 | 942 | |||||
| Bank/building society balances Cash in hand |
75,964 (10) |
91,681 | |||||
| Other current assets | and prepayments | 875 | |||||
| 98,454 | 111,491 | ||||||
| Current liabilities |
|||||||
| Trade creditors | 1,339 | 746 | |||||
| Other liabilities | and accruals | 4,320 | 1,973 | ||||
| 5,659 | 2,719 | ||||||
| Net current assets | 92,795 | 108,772 | |||||
| Net assets | 124,650 | 139,998 | |||||
| Reserve funds | |||||||
| Balance at start | ofperiod | 139,998 | 121,033 | ||||
| Net (deficit)/surplus | (15,348) | 18,965 | |||||
| 124,650 | 139,998 |
| 2 | Income and Expenditure account analysis |
Income and Expenditure account analysis |
Income and Expenditure account analysis |
||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| E | E | ||||
| 2 | Income | ||||
| Donations, gifts and fundraising |
21,490 | 26,018 | |||
| 3 | Other income | ||||
| Nursery fees and | other income | 10,098 | 42,368 | ||
| Nursery grants Rent |
138,535 1,000 |
136,829 3,300 |
|||
| 149,633 | 182,497 | ||||
| 4 | Interest received | ||||
| Interest | 100 | 133 | |||
| 5 | Expenditure | ||||
| Purchases- Church Other direct costs |
7,640 61 |
11,510 | |||
| 7,701 | 11,510 | ||||
| Wages, salaries and other staff costs | |||||
| Wages and salaries Pensions Staff entertaining and gifts Employer's Nl Staff Uniform |
135,585 2,676 1,561 4,096 |
134,158 2,529 2,874 4,033 965 |
|||
| Staff training and |
welfare | 129 | 182 | ||
| 144,047 | 144,741 | ||||
| Car, van and travel | expenses | ||||
| Travel and subsistence | 1,020 | ||||
| Rent, rates, power | and insurance | costs | |||
| Rent Rates |
2,400 435 |
3,050 897 |
|||
| Light and heat Insurance Cleaning |
5,672 993 1,052 |
5,528 1,186 2,162 |
|||
| 10,552 | 12,823 | ||||
| Repairs and renewals ofproperty |
and equipment | ||||
| Repairs and maintenance | 13,319 | 7,219 |
| Telephone, fax, stationery | Telephone, fax, stationery | and other office costs | and other office costs | |||
|---|---|---|---|---|---|---|
| Telephone and fax Stationery and printing Membership Software |
648 132 163 504 |
860 436 127 224 |
||||
| 1,447 | 1,647 | |||||
| Advertising | and business | entertainment | costs | |||
| Advertising Entertaining |
and PR | 143 | 122 494 |
|||
| 143 | 616 | |||||
| 100 | 133 | |||||
| Bank, credit | card and other | finance charges | ||||
| Bank charges | 81 | 133 | ||||
| Accountancy, | legal and other professional | fees | ||||
| Accountants Other legal |
fees and professional |
2,280 325 |
2,922 458 |
|||
| 2,605 | 3,380 | |||||
| Depreciation | and loss/(profit) on sale |
|||||
| Depreciation | 462 | 203 | ||||
| Other business expenses | ||||||
| Donations Sundry expenses |
6,210 4 |
6,350 41 |
||||
| 6,214 | 6,391 |
| Plant, machinery and motor vehi |
cles | ||
|---|---|---|---|
| Land & | Plant & | Total | |
| Building | Machinery | ||
| F | |||
| Cost | |||
| At 1 April 2020 | 30,000 | 14,446 | 44,446 |
| Additions | 1,091 | 1,091 | |
| At 31 March 2021 | 30,000 | 15,537 | 45,537 |
| Depreciation | |||
| At 1 April 2020 | 13,220 | 13,220 | |
| Charge for the year | 462 | 462 | |
| At 31 March 2021 | 13,682 | 13,682 | |
| Net book value | |||
| At 31 March 2021 | 30,000 | 1,855 | 31,855 |
| At 31 March 2020 | 30,000 | 1,226 | 31,226 |